Wednesday, February 23, 2011

Vice President John Mahama arrives in Prague, Czech Republic


Vice President John Dramani Mahama has arrived in Prague, capital of the Czech Republic to attend a three-day Ghana-Czech Trade and Investment forum on the theme: Ghana's oil and gas discovery and investment opportunities.'

Apart from participating in the trade and investment forum expected to be attended by over 100 private and public sector organizations, the Vice President would also hold bilateral discussions and visit some industrial areas of the Czech Republic in order to find out areas that Ghana had the comparative advantage with the host nation.

The Vice President who had to postpone his flight from sunday to monday to address some domestic problems in Ghana, was compelled by time to move straight from the Prague international airport to the Congress hotel where the programme was taking place.

Other government officials who are in Prague to participate in the Trade and Investment forum include: Mr. Mahama Ayariga, Deputy Minister for Trade and Industry, Mr. George Aboagye, Chief Executive Officer of Ghana Investment Promotion Council, Mr Ato Pobee Ampiah, Chief Executive Officer of Tema Oil Refinery and Mr. Daniel Duku, Chief Executive Officer of Ghana Venture Capital Fund.

Trade relations between Ghana and Czech Republic was established in 1959, during the Presidency of Dr Kwame Nkrumah First President of Ghana when the country was then part of the Czechoslovakia during the twilight of communism practised by the then eastern bloc.

It was during that relationship that factories such as the GIHOC Jute factory, Komenda sugar factory, Aboso Glass factory, Bonsu Tyres and Kumasi Shoe factory were established.

The Trade and Investment forum would therefore seek to 'resurrect' most of the factories which are either defunct now or 'limping' to survive in the competitive market.

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